Plan Snapshot
- Plan Sponsor: Logicalis, INC.
- Sponsor EIN: 134000122
- Sponsor Address: 2600 W. BIG BEAVER, TROY, MI, 48084
- Plan Type: 401(k)
- Total Participants: 650
- Total Assets: $125.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 650 | $125.3M | $2.3M | $5.8M |
| 2023 | 657 | $111.8M | $2.3M | $5.8M |
| 2022 | 670 | $100.0M | $2.3M | $5.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SRVCS | RETAINED BY EMPLOYER | $99,392 | — | $99,392 |
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISORY | $78,000 | — | $78,000 |
| PLANTE & MORAN | RETAINED BY EMPLOYER | $28,650 | — | $28,650 |
| PLANTE & MORAN, PLLC | Auditor | $28,650 | — | $28,650 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN SRVCS — RETAINED BY EMPLOYER
- UBS FINANCIAL SERVICES INC — INVESTMENT ADVISORY
- PLANTE & MORAN — RETAINED BY EMPLOYER
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $234,692
- Estimated Expense Ratio: 0.187% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $415,702 | $82,793 | $304,259 | $28,650 | — |
| 2023 | $399,835 | $80,293 | $302,042 | $17,500 | — |
| 2022 | $420,976 | $104,250 | $316,726 | — | — |